As we noted earlier, wages of American workers have stagnated over the past 40 plus years. In these days of a generally healthy stock market, very low unemployment, low interest rates, and the fact that the overall economy has been getting steadily healthier since the depths of the Great Recession in 2008-09, we must acknowledge […]
stagnating wages
The American Workplace 6: Summary and Suggestions
We need to be honest about the state of workers and the workplace in the United States of America: in many cases, the situation for millions of individuals and families is demoralizing, unhealthy, detrimental to the social fabric, and sometimes downright dangerous. We have seen in this series how US workers have virtually no job […]
The American Workplace 5: Wages, Savings and Debt
How is your dollar doing? A look at some statistics about wages, savings and debt in the US is instructive. If you are not doing terribly well financially, you are not alone – and there are ways out of our collective problems, if we are willing to look seriously at ideas from other nations and […]